The 48205 housing market is somewhat competitive. The median sale price of a home in 48205 was $57K last month, up 13.2% since last year. The median sale price per square foot in 48205 is $51, up 4.1% since last year.
In April 2024, 48205 home prices were up 13.2% compared to last year, selling for a median price of $57K. On average, homes in 48205 sell after 52 days on the market compared to 42 days last year. There were 84 homes sold in April this year, down from 87 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$56,500
+13.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
48205, MI
$56,500
+13.2%
United States
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How hot is the 48205 housing market?
48205 is somewhat competitive. Homes sell in 55 days.
0
100
36
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 55 days.
Hot homes
can sell for around list price and go pending in around 26 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 48205 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 48205.
Risk Factor
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
48205 has a minor risk of flooding. 709 properties in 48205 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 48205. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
48205 has a minor risk of wildfire. There are 24 properties in 48205 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 48205.